Interest rates can’t seem to catch a break. February was one of only a handful of months in the past 2 decades that resulted in…
Home Refinancing is Easy
Mortgage rates jumped quickly today after Q&A session with Federal Reserve Chair Jerome Powell. What did he say to cause such drama? Actually, it’s more…
In the past 2 decades, there have been 6 months where mortgage rates rose at least 50 basis points. February 2021 was one of them. …
Rising rates have been on the menu for months, but the drama kicked into a higher gear this week. Maybe you heard about this? We’ve…
Mortgage rates WISH they were still at 2.97%–the number conveyed today by Freddie Mac’s weekly survey. Freddie’s data is accurate when it comes to capturing…
As of today, you’d have to go back to June 2020 to see higher mortgage rates. This is courtesy of an ongoing move in the…
There are still 4 business days left in the month of February and thus still 4 days for the bond market to undergo an epic…
There’s no precedent for the winning streak enjoyed by mortgage rates in the 2nd half of 2020. We’ve never seen so many new record lows…
Volatility has returned to the mortgage market in grand fashion this week with many lenders quoting rates that are as much as a quarter of…
Recovery prospects, renewed focus on stimulus, inflation concerns, a brighter covid outlook, etc… All of these are reasons for an ongoing, gradual trend toward higher…